$268,000
SOLD JAN 14, 2022

306 E Walnut St Salem, IN 47167

6 Beds
2.5 Baths
3,930 Sq Ft
0.33 Acres

Recently Sold

$68 Per Sq Ft

1% Below List Price

66 Days on Market

Highlights

  • Panoramic View
  • Enclosed patio or porch
  • Fenced Yard
  • Corner Lot
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of May 2023

Are you looking for the character, charm and quirkiness that comes with a home built in 1924? Look no further. You found it! Almost 4,000 sq ft. of finished living area in this stately brick home in the heart of Salem. So much character to see and history to wonder about. You will love the many beautiful wood floors, the wall length built in oak bookcases with the brick surround around the gas fireplace in the living room, the built in China cabinet in the dining and the majestic staircase. Many gorgeous rooms on the main level for enjoyment and entertaining. There are 6 bedrooms which give you many options for sleeping, private offices, exercise or hobby rooms. There is a partially finished basement for movie theater, gaming or just get away space. There are many ways to enjoy the outside; choose from the covered front porch, entertain on the large, covered wrap around side and rear porch or stay inside in the all-season sunroom inside the home. There is an elevated side balcony too and a partial privacy fence around the large yard. The long driveway leads through the portico to the detached 2 car garage. Piano and all appliances in house including washer and dryer stay. Freezer in garage does not stay. Home warranty transfers.

Last Agent to Sell the Property

Ray Lamm

Semonin REALTORS License #RB14043870

Semonin REALTORS

Last Buyer's Agent

Jennifer Nichols

Keller Williams Realty Consultants License #RB14039959

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1924

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Trim

Interior Spaces

  • 3,930 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Formal Dining Room
  • Storage
  • Home Security System
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 882417442066000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Improvements: 133400
  • Additional Parking: Off Street
  • Annual Tax: 1488
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block, Rock
  • Home Warranty Provided: Americas Preferred
  • Land Assessment: 15400
  • Legal Description: 13-17-422-006.000-22 HAYS LOT 6
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 882417442066000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 148800
  • Total Deduction Amnt: 93810
  • Total Finished Square Footage: 3930
  • Type: 2 Story
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partially Finished
  • Above Grade Finished Sq Ft: 3152.00
  • Appliances: Clothes Dryer, Clothes Washer, Compactor, Dishwasher, Disposal, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Fireplace: Gas Burning
  • Interior Amenities: Added Storage, Blinds, Built-In Bookcase, Ceiling Fan(s), Formal Dining Rm, Natural Wood Trim, Security System
  • Lot Sq Ft: 14374.80
  • Room Count: 14
  • Sewer Type: Sewer
  • Total Sq Ft: 3930
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Porch, Fenced Yard, Paved Driveway, Porch, Public Sidewalk
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.3300
  • Lot Description: Corner Lot, City Lights View, Panoramic View, Park-Like View, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 10, 2023
Sold by
Nixon Donna J
Bought by
Maudlin Spencer R
Seller's Agent
Jennifer Nichols
Keller Williams Realty Consultants
Buyer's Agent
Rosemary Trinkle
Trinkle Group Real Est
List Price
$315,000
Sold Price
$305,650
Premium/Discount to List
-$9,350
-2.97%
Total Days on Market
66
Views
36
Current Estimated Value
$301,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,898
Avg. Annual Appreciation
1.98%
Original Mortgage
$244,520
Outstanding Balance
$238,887
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$78,922

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 14, 2022
Sold by
Kimble James D
Bought by
Arney Shana E and Nixon Donna J
Seller's Agent
Ray Lamm
Semonin REALTORS
Buyer's Agent
Jennifer Nichols
Keller Williams Realty Consultants
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$128,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Napier Gail R
Bought by
Kimble James D and Schneider Kimble Jill
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Ray Lamm
Semonin REALTORS
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$238,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $319,000 None Listed On Document
Warranty Deed $319,000 None Listed On Document
Warranty Deed $268,000 None Listed On Document
Warranty Deed $265,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,520 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $238,500 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $305,650 -3.0% $78 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $315,000 +17.5% $80 / Sq Ft
01/14/2022 01/14/22 Sold $268,000 -0.7% $68 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $270,000 0.0% $69 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $270,000 0.0% $69 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $270,000 +1.9% $69 / Sq Ft
04/30/2021 04/30/21 Sold $265,000 -5.4% $72 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $280,000 -- $77 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,612 $261,200 $15,400 $245,800
2023 $2,367 $236,700 $15,400 $221,300
2022 $2,088 $208,800 $15,400 $193,400
2021 $1,571 $157,100 $15,400 $141,700
2020 $1,488 $148,800 $15,400 $133,400
2019 $1,429 $142,900 $15,400 $127,500
2018 $1,310 $131,000 $15,400 $115,600
2017 $1,403 $140,300 $15,400 $124,900
2016 $1,154 $129,700 $15,400 $114,300
2014 $1,022 $127,800 $12,900 $114,900
2013 $912 $124,900 $15,400 $109,500
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2021010112

Southern Indiana REALTORS® Association

APN: 88-24-17-442-066.000-022